23 Feb Congress to Take Up Mortgage Modification in Bankruptcy This Week

The entire U.S. House of Representatives is expected to take up H.R. 1106 (which now includes the provisions of HR 200) to allow for judicial modification of mortgages in chapter 13 bankruptcy this week, probably Thursday, February 27. The bill became part of a package of financial services legislation on the floor of the House. It has already passed the Judiciary Committee.

Members of Congress need to hear from their constituents who support judicial modification this week. You may phone or fax your elected officials to voice your support. This legislation also helps people in foreclosure trouble who don’t want to file bankruptcy, according to Chip Parker, Jacksonville bankruptcy attorney.

Jill Michaux has helped Kansas consumers with debt problems for three decades. She and her partner, Mark Neis, are Topeka's only bankruptcy specialists, board certified in consumer bankruptcy law by the American Board of Certification. She help start the National Association of Consumer Bankruptcy Attorneys.